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Hillbrow, Letchworth Garden City, SG6

East of England

£295,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This end terrace home features three bedrooms and presents a promising opportunity for renovation and investment. Situated in a sought-after area, the property is available with no upper chain, making it an attractive option for buyers looking to move in quickly. Upon entering, you'll find an entrance hall that leads to a spacious lounge and dining area illuminated by dual aspect double glazed windows. This versatile space offers ample potential for reconfiguration or modern enhancements. The ground floor also includes a kitchen equipped with fitted units, a single drainer sink, and access to the rear garden, as well as a convenient shower room. Upstairs, the property boasts three bedrooms, each with natural light streaming through double glazed windows. The main bedroom benefits from additional features such as a linen cupboard and storage for the central heating boiler. The second bedroom also enjoys front-facing views, while the third provides cozy accommodation overlooking the rear garden. The outdoor space is particularly noteworthy; the rear garden stretches approximately 75 feet in length and backs onto an allotment, providing picturesque views of surrounding countryside. Currently laid mainly to lawn, this area offers significant potential for landscaping or expansion of outdoor living spaces. Two sheds are included for additional storage needs. The property's front garden is neatly landscaped with a pathway leading to the rear garden, enhancing curb appeal while maintaining ease of access. This residence operates on leasehold terms with 899 years remaining on the lease. While there are no service charges or ground rent applicable, it’s important to note that the buyer will be required to engage in a deed of covenant related to prior council ownership, which will involve a fee of £500 payable at completion. With its structural integrity intact and ample room for improvement or personalization, this property stands out as an excellent investment opportunity in a desirable location. Whether you're looking to make it your own family home or seek potential rental income through renovations, this property certainly warrants consideration.

Investment Analysis

(SG6 area)
Area Average
£420/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (SG6)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 6.2%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on SG6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hillbrow, Letchworth Garden City, SG6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,081
Based on a loan of £221,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE